Bettarget

Read on for what the exec, who also remains the operator’s President, had to say about his role, sports betting, Japan and future goals. How have the last few months gone in your role as President and COO? “It’s been amazing. It’s a great opportunity to get both hands back on the steering wheel. It’s […]

However, $432m of Stars Group’s revenue came from Sky Betting & Gaming, which was acquired in July 2018; this means total revenue would have shrunk were it not for the purchase of the UK operator. Consequently, online sports betting was Stars Group’s largest product vertical, increasing from 20% of the company’s total revenue to 36%;

The original deal, signed last year following the repeal of PASPA, included terms for the partnership to expand when commercially agreeable regulatory frameworks were implemented in the US. The extension secures Kambi’s current revenue in New Jersey, while also providing the opportunity for additional revenue in Colorado, Indiana, Iowa, Maine, New York, Pennsylvania, Tennessee and

Gross profit for the period was £22.8m, a 5% drop. The report showed revenue growth in the supplier’s Racing, Bump 50:50 and Lottery products were all offset by challenging handle for its land-based betting experience product, Venues. Despite the fall in revenue, Sportech reported decisions taken to restructure the business in H1 resulted in cash

Despite the challenges, he explains any suspicious behaviour will be removed as soon as it has been flagged on Sportradar’s system. He says: “The main challenge the industry faces when it comes to live data is again ensuring its quality. Whether it’s official or open-source data, what is important is the processes that are put in

The sponsorship with Unibet will include fan and hospitality experiences for Unibet customers, as well as an in-arena presence at the Devils’ stadium. The NHL team has agreed multiple sports betting partnerships, featuring FanDuel, William Hill US and Caesars Entertainment. Unibet debuted in the New Jersey market this summer and has introduced its sports betting

Scott leaves the role to look at other opportunities; he was hired permanently in August 2017, which came after six months of service as interim Australia CEO. Shannon was already a Non-executive Director and consultant to GVC in Australia following its acquisition of Neds International. Previously, Shannon was Executive Chairman of Neds and served as

What is the current state of sports betting legislation in Brazil? In December 2018, Brazil approved law 13756/2018, which legalised the activity of fixed-odds sports betting. This piece of legislation legalised the activity and also gave it the status of a lottery type game. Even though the activity of fixed-odds sports betting was legalised, it

Authorities began investigations in October 2018, collaborating with the Ministry of Public Security to bring down the betting ring. Police identified and arrested a 42-year-old man, Pham Hai, believed to be the leader of the organisation. After his arrest, the police found Hai was involved in a larger illegal operation, ran by 43-year-old Le Canh

The operator said this tax is based on “a fundamental misunderstanding by the [Henry] Rotich-led treasury of how revenue generation works in the bookmaker industry.” SportPesa believes this new tax, in addition to the withholding tax on winnings re-introduced last year, will remove any economic incentive to place bets as customers will not receive their